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Mastercard Views Crypto More as Asset Class Than Form of Payment

Mastercard Views Crypto More as Asset Class Than Form of PaymentMastercard sees cryptocurrency as more of an asset class than a means of payment, according to the payments giant’s chief financial officer. Mastercard’s crypto strategy “has been fairly successful ever since crypto environments came up,” he added. Mastercard’s CFO on Crypto as Asset Class vs. Means of Payment Mastercard Chief Financial Officer (CFO) Sachin Mehra […]

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets

Wisdomtree: Crypto Is a New Asset Class That People Can’t Ignore

Wisdomtree: Crypto Is a New Asset Class That People Can’t IgnoreAn executive at Wisdomtree, an asset management firm with $78 billion under management, says that “Cryptocurrencies have firmly established themselves as a new asset class and it truly is something that people can’t ignore.” He added: “We are past the point where there is speculation around whether or not this is a trend that’s here […]

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets

Bank of America Executive Sees Crypto as Asset Class: ‘I Don’t View It as Competition at All’

Bank of America Executive Sees Crypto as Asset Class: ‘I Don’t View It as Competition at All’Bank of America’s chief operating officer does not see cryptocurrency as competition. Instead, he views it as an asset class, noting that “people like it for all sorts of different reasons.” Bank of America’s COO on Crypto: ‘I Don’t View It as Competition at All’ Bank of America COO Tom Montag talked about cryptocurrency Thursday […]

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets

Wells Fargo Starts Offering Crypto Investments to Clients

Wells Fargo Starts Offering Crypto Investments to ClientsWells Fargo, one of the largest wealth managers in the U.S., has reportedly started offering crypto investments to its wealth management clients. Wells Fargo Offers Crypto Exposure A spokesperson for American financial services company Wells Fargo reportedly confirmed to Business Insider Friday that the company has started offering cryptocurrency exposure to its wealth management clients. […]

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets

JPMorgan Says a Lot of Clients See Cryptocurrency as Asset Class and Want to Invest

JPMorgan Says a Lot of Clients See Cryptocurrency as Asset Class and Want to InvestJPMorgan says a lot of its asset and wealth management clients think cryptocurrency is an asset class and they want to invest in it. “Our job is to help them to put their money where they want to invest,” said the CEO of J.P. Morgan Asset & Wealth Management. A Lot of JPMorgan Clients Consider […]

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets